MARKET & ECONOMY
A new capacity line has been launched by Ascend Performance Materials to meet the growing demand by the customers. The company has expanded HiDura long-chain polyamides production capacity in Greenwood.
The textile and garment producers in Ludhiana are relieved with the easing of lockdowns but with the fluctuating rates of yarn, they are worried. Yarn is the biggest raw material in the industry.
The LYCRA Company has recently announced a campaign to advance discussions around circularity in textiles. The advertisement campaign is printed as “Keep in the loop with LYCRAâ€Â.
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has requested the Commerce Ministry to simplify export procedures so that the apparel sector can tackle the challenges posed by the pandemic.
Savio to exhibit solutions-oriented portfolio at ITMA Asia to maximise machinery return on investment
French textile equipment association UCMTF unveils its new website. It can be used by the textile industrialists to find a French textile partner looking for new equipment, technology partners, and textile manufacturers.
The Lenzing Group has welcomed the issuance of the guidelines to implement the Single-Use Plastics Directive. In the guidelines, EU Commission has mentioned which product falls within the scope of the directive.
As per the report by SIDBI-CRIF, the Indian textiles and apparels industry has availed credit of Rs 1620 billion as of December 2020. As on this date, the active loans stood at 426 thousand.
BRÜCKNER will present its product portfolio and services from June 12 to 16 in hall 6, booth number A18 at ITMA ASIA in Shanghai. The team is looking forward to its customers.